# Managed Accounts

Managed Accounts are a type of financial instrument offered by Weavr.

They hold funds for their owner, and can be upgraded to IBANs so as to receive and send funds to instruments outside of the Weavr Platform, via Wire Transfers.

Managed accounts can also be used as source and destination instruments in the `transfer` and `send` transactions.


## Get all managed accounts

 - [GET /managed_accounts](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountsget.md): Retrieves all managed accounts belonging to the logged-in identity.

## Create a managed account

 - [POST /managed_accounts](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountcreate.md): Creates a managed account for the consumer or corporate identity.
The Managed Account Profile (configured in the Multi Portal) specified determines the behavior and restrictions that the managed account will have."

## Get a managed account

 - [GET /managed_accounts/{id}](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountget.md): Fetch the managed account identified by the id in path.

## Update a managed account

 - [PATCH /managed_accounts/{id}](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountupdate.md): Update the details for the managed account identified by the id in the path.

## Upgrade a managed account with IBAN

 - [POST /managed_accounts/{id}/iban](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountsibanupgrade.md): Assign an IBAN to a Managed Account.

IBANs enable managed accounts to receive and send funds via wire transfers.

Assigning an IBAN to a Managed Account may be done asynchronously, in which case the ManagedAccountIBAN.state will be set to PENDING_ALLOCATION until bank details are ready to use.

## Get a managed account IBAN

 - [GET /managed_accounts/{id}/iban](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountibanget.md): Fetch the IBAN details associated with the Managed Account identified by the id in the path.

## Block a managed account

 - [POST /managed_accounts/{id}/block](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountblock.md): Temporarily blocks a managed account.

## Unblock a managed account

 - [POST /managed_accounts/{id}/unblock](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountunblock.md): Unblocks the managed account identified by the id path parameter.
The managed account must have state.blockedReason as USER so that it can be unblocked.
If the managed account was blocked by SYSTEM, users cannot unblock it.

## Get a managed account statement

 - [GET /managed_accounts/{id}/statement](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountstatement.md): Returns a list of transactions against the managed account identified by the id path parameter, matching the criteria provided in the request.

## Remove a managed account

 - [POST /managed_accounts/{id}/remove](https://api.weavr.io/products/multi/openapi/managed-accounts/managedaccountremove.md): Destroys the managed account identified by the id path parameter. Unlike block, this action is not reversible.

A managed account must be emptied from any remaining funds before it can be destroyed.